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COMMERCIAL PROPERTY | Tony Chua, Hong Kong
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Lands Department awards Sai Kung land tender to Choiceland

The lot with site area of 1,659.4 square metres designated for non-industrial purposes was sold for a premium of HK$55.27mn.

The Lands Department on Friday announced the tender for a site at Tui Min Hoi, Sai Kung, has been awarded to Choiceland on a 50-year land grant at a premium of $55.275 million.

The lot has a site area of 1,659.4 square metres and is designated for non-industrial purposes, excluding residential, hotel, godown and petrol station, according to a Lands Department report.

The minimum gross floor area and the maximum gross floor area are 746.7 square metres and 1,244.5 square metres.

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